STORJ has broken out of its downchannel a month or so ago and made two nice waves with deep retracements each time. It might bounce up and down the trendline for a bit more time, but at this point STORJ is already oversold on the 4h and daily charts, so one of these days we could expect a good move upwards towards the upper trendline.
Entry at this point and a ...

BCHUSD will likely see more gains within the next week only to be meet at the psychological resistance of around $2000. Daily chart contains an upside-down hammerhead candle which is indicative of a pullback. In a pull back scenario a price of $1300 is possible although buyers will likely pick up any sorts of discount before then. Momentum and strength appear to ...

In my opinion EURUSD is overextended to the upside. I have been waiting for this move to stop out a majority of traders with close stops. However It would not surprise me if price lingers in this area for a couple days.
To me, the probability these prices are temporary is worth the risk.
Stoploss has solid conviction behind the high of the shoulder; 1.18820. ...

Hello All!
Gold tried to breakthrough line 2-4 of the major pattern (dark purple) and formed another minor bearish WW formation (yellow):
https://www.tradingview.com/x/ZuyeGvV7/
If yellow wave is successful, it'll finalize the creation of major purple project.
Opened 6 short positions with SL slightly above the recent peak (yellow point 5) with TP at 1267/1256.

The general alt context is the one of a very strong correction. Some major cryptos broke (yet) historical support levels, LTCBTC -4.43% just broke the 0.010 line that supported the price since may.
It confirms the Triple top pattern. The trade has, seen the context and the major break, an high probability of success. We well use the maximal amount of money ...

This chart emphasizes the power of double tops and double bottoms and then how market reversal works, second, how it is important to adjust your stop loss according to the market trend, there were two false breakouts upon the two resistance levels with massive lower bearish candles, this is why you should either exit before the resistance price level or take some ...

BITFINEX:BTCUSD
Over the past week BTC seems to have been developing a few interesting trends and based on the current chart with a one day time-frame I want to discuss one of the most evident patterns that will be familiar to most and probably new to some.
In this case, we'll be talking about the triangle breakout which I believe to be in play at the moment, the ...

The reason I am shorting the EURGBP are listed below:
1) There has been a very strong resistance line dating back to June with 5 attempts to the upside and only breaking it twice but it has been a zone that is not easy to break.
2) The pair has been in a strong downtrend since early September and I believe it is now in an area of consolidation.
3) Taking the ...

FX_IDC:GBPUSD shaped the bearish wolfewave which appears to be a good opportunity for sell entry with high profit/loss risk ratio even at conservative TP1. RSI divergence and rising volume at point 5 are confirming the peak formation. Opened 4 shorts at 1.305x/6x with SL 1.3141 and TP1 at 2-4 line crossing / TP2 at 1.2643
Tomorrow will be an interesting day as ...